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Our results illustrate an increase in pareto-efficiency, as financial architecture advances from: (i) banks to capital markets; and (ii) plain vanilla debt to an innovative one with participation clauses.
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The reason is this: the proportional participation clause in Title IX, upheld by Duncan's own department, states that if the number of female athletes is not "proportional" to the number of women enrolled at an institution then the school is technically "discriminating".
When Disney was minting money from 'Pretty Woman,' the studio sent Julia Roberts -- who, like Williams, had no profit-participation clause in her contract -- a bonus of $750,000.
Its TV deal includes a clause stipulating the participation of both Celtic and Rangers in the SPL.
With regard to EIA obligations, we recommend that fracking projects be subject to general federal EIA obligations, and that such obligations include an "opening clause" to allow participation of the German federal states.
Under a renewed agreement in 1999, all but one of the St . Louis Countydistricts agreed to continue their participation, albeit with an opt-out clause that allowed districts to reduce the number of incoming transfer students starting in 2002.
If more than 90 percent of the bondholders entered the exchange voluntarily, Greece might decide it does not need to force more participation with the legal measure, called a collective action clause.
The use of the selective contracting clause, which enables insurers to enter into participation agreements only with certain care providers, stimulates more competition between them.
And, as Greece and its financial backers have insisted on a near universal participation, it is expected that Greece will deploy its new collective action clauses to compel those who decline the offer to take a loss as well.
Greece is expected to invoke a collective action clause to force holdouts to accept the offer, bringing the participation rate to 95 percent.
It is widely expected that the collective action clause will be invoked to reach the official target of 95 percent participation.
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CEO of Professional Science Editing for Scientists @ prosciediting.com